Ardsley Advisory Partners LP Takes Position in Deckers Outdoor Corporation $DECK

Ardsley Advisory Partners LP purchased a new stake in Deckers Outdoor Corporation (NYSE:DECK) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 35,000 shares of the textile maker’s stock, valued at approximately $3,628,000.

Several other large investors have also modified their holdings of the business. Armistice Capital LLC lifted its stake in shares of Deckers Outdoor by 74.1% in the 4th quarter. Armistice Capital LLC now owns 8,409 shares of the textile maker’s stock valued at $872,000 after purchasing an additional 3,579 shares during the last quarter. Auxier Asset Management LLC lifted its stake in shares of Deckers Outdoor by 231.2% in the 4th quarter. Auxier Asset Management LLC now owns 6,862 shares of the textile maker’s stock valued at $711,000 after purchasing an additional 4,790 shares during the last quarter. Freestone Grove Partners LP acquired a new position in shares of Deckers Outdoor in the 4th quarter valued at $537,000. AQR Capital Management LLC lifted its stake in shares of Deckers Outdoor by 340.5% in the 4th quarter. AQR Capital Management LLC now owns 2,633,353 shares of the textile maker’s stock valued at $273,000,000 after purchasing an additional 2,035,517 shares during the last quarter. Finally, EFG International AG acquired a new position in Deckers Outdoor during the 4th quarter worth about $6,844,000. Institutional investors and hedge funds own 97.79% of the company’s stock.

Deckers Outdoor Trading Down 3.9%

DECK opened at $105.90 on Thursday. The stock’s 50-day moving average price is $106.06 and its 200 day moving average price is $105.33. Deckers Outdoor Corporation has a 12-month low of $78.91 and a 12-month high of $126.50. The firm has a market cap of $14.71 billion, a price-to-earnings ratio of 15.04, a PEG ratio of 2.18 and a beta of 1.16.

Deckers Outdoor (NYSE:DECK) last issued its quarterly earnings results on Thursday, May 21st. The textile maker reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.15. Deckers Outdoor had a return on equity of 41.19% and a net margin of 18.90%.The company had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter in the prior year, the business earned $1.00 EPS. Deckers Outdoor’s revenue was up 9.5% on a year-over-year basis. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. On average, research analysts forecast that Deckers Outdoor Corporation will post 7.45 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Telsey Advisory Group set a $113.00 target price on Deckers Outdoor in a research note on Friday, May 22nd. Needham & Company LLC reissued a “buy” rating and set a $138.00 target price on shares of Deckers Outdoor in a research note on Friday, May 22nd. Wells Fargo & Company lowered Deckers Outdoor from an “equal weight” rating to an “underweight” rating and decreased their target price for the stock from $115.00 to $90.00 in a research note on Friday, May 8th. Barclays reissued an “overweight” rating and set a $141.00 target price (down from $143.00) on shares of Deckers Outdoor in a research note on Tuesday, May 26th. Finally, Sanford C. Bernstein reissued a “market perform” rating and set a $105.00 target price on shares of Deckers Outdoor in a research note on Friday, May 22nd. Nine investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $121.11.

Deckers Outdoor Profile

Deckers Outdoor Corporation is a global designer, marketer and distributor of footwear, apparel and accessories. The company’s product portfolio includes well‐known brands such as UGG, HOKA, Teva, Sanuk and Koolaburra by UGG, spanning a range of lifestyle, performance and outdoor categories. Deckers leverages a blend of proprietary manufacturing, strategic brand storytelling and direct‐to‐consumer retail to serve both fashion‐focused and performance‐oriented customers.

Founded in 1973 by Doug Otto and Karl F.